LSE:RDSB 1 May 2026 - 16 May 2026

Shell’s Oil Bet Just Won a Fresh Investor Test as Qatar Deal Extends Reach

Shell’s Oil Bet Just Won a Fresh Investor Test as Qatar Deal Extends Reach

Shell shareholders rejected a climate activist resolution by 86.99% and reappointed CEO Wael Sawan with 98.86% support at Tuesday’s annual meeting. Shell’s first-quarter adjusted earnings rose to $6.92 billion, but operating cash flow fell to $6.1 billion after a large working-capital outflow. Shares edged up 0.18% in mid-session London trade. QatarEnergy acquired interests in three Uruguay offshore blocks from a Shell unit.
May 20, 2026
Shell Plc’s $15 Billion LNG Canada Stake Fight Puts Its Canada Bet in Focus

Shell Plc’s $15 Billion LNG Canada Stake Fight Puts Its Canada Bet in Focus

Apollo Global Management, Blackstone, and KKR are bidding for a stake in Shell’s LNG Canada project, with the deal valued between $10 billion and $15 billion, Reuters reported. Shell owns 40% of the Kitimat project and recently agreed to buy ARC Resources for $16.4 billion. Shell said it bought over 1.4 million shares for cancellation on April 30. The company’s $3.5 billion buyback program ends May 1.
May 1, 2026